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L4M7 dumps questions answers

CIPS L4M7 Dumps

Exam Code:
L4M7
Exam Name:
Whole Life Asset Management
Last Update: Dec 2, 2024
255 Questions with Explanation
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Whole Life Asset Management Practice Questions

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Whole Life Asset Management Questions and Answers

Questions 1

Which of the following are critical factors that must be considered when evaluating warehouse or storage locations?

    The cost of the proposed location

    Who owns the storage location or warehouse

    Access to transport networks

    The number of windows in the building

Options:

A.

1 and 3 only

B.

2 and 3 only

C.

2 and 4 only

D.

1 and 4 only

Questions 2

SpeedyCar GmbH is a vehicle manufacturer that is launching a new electric vehicle onto the market, replacing a previous diesel vehicle. There is a lot of equipment in the manufacturing site to be changed, some new machinery to replace older machinery, and some production equipment to decommission. The costs of decommissioning would include which of the following?

Options:

A.

Costs to upgrade electric vehicle charging facilities

B.

Decontamination and cleaning costs for site areas

C.

Sales and marketing costs of the new electric vehicle

D.

Engineering drawing fees for the new electric vehicle designs

Questions 3

Which of the following are examples of subjective methods of forecasting? SelectTWOthat apply.

Options:

A.

Trend line analysis

B.

Seasonal variations

C.

Expert opinion

D.

Market research

E.

Moving averages